百达精工(603331) - 2018 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 1.06% to CNY 19,266,750.68 year-on-year[6] - Operating revenue rose by 17.23% to CNY 193,154,259.86 compared to the same period last year[6] - Basic earnings per share decreased by 25.00% to CNY 0.15 compared to the previous year[6] - The weighted average return on equity fell by 2.53 percentage points to 2.8%[6] - The company reported non-recurring gains of CNY 2,928,870.58 during the quarter[9] - The company’s net profit increased by 1.83% to ¥19,551,292.97, despite a significant rise in income tax expenses by 68.02%[16] - Net profit for the current period was ¥19,551,292.97, slightly up from ¥19,200,353.82, reflecting a growth of 1.8%[30] - The profit attributable to shareholders of the parent company was ¥19,266,750.68, down 1.1% from ¥19,472,472.26 in the previous period[31] - The company reported a total profit of ¥23,544,709.02, compared to ¥21,577,038.18 in the previous period, indicating an increase of 9.1%[30] Cash Flow - Net cash flow from operating activities improved significantly, increasing by 233.61% to CNY 15,354,740.72[6] - Cash flow from operating activities generated a net amount of ¥15,354,740.72, compared to a net outflow of ¥11,492,567.91 in the previous period[36] - Net cash flow from operating activities was CNY 13,516,704.65, a significant recovery from a negative cash flow of CNY -16,392,928.07 in the same period last year[40] - Total cash inflow from investment activities was CNY 149,076,304.75, compared to CNY 706,322.00 in the previous year, indicating a substantial increase[38] - Cash outflow from investment activities totaled CNY 167,408,690.40, leading to a net cash flow of CNY -18,332,385.65 from investment activities[38] - Cash inflow from financing activities was CNY 142,281,585.41, up from CNY 104,178,579.78 in the previous year, reflecting a growth of 36.5%[38] - Net cash flow from financing activities was CNY 17,281,484.48, a decrease from CNY 26,966,151.72 in the previous year[38] - The company reported a net increase in cash and cash equivalents of CNY 14,303,839.55, compared to CNY 1,755,230.03 in the previous year[38] Assets and Liabilities - Total assets increased by 2.19% to CNY 1,054,232,195.87 compared to the end of the previous year[6] - The company’s total liabilities rose by 0.88% to ¥353,562,182.82, indicating stable financial leverage[14] - Total current assets increased to CNY 660,365,321.68 from CNY 648,883,065.55, representing a growth of approximately 2.2%[22] - Total liabilities rose to CNY 353,562,182.82 from CNY 350,492,116.32, an increase of approximately 0.6%[23] - Non-current assets totaled CNY 393,866,874.19, increasing from CNY 382,727,770.85, which is a rise of approximately 2.9%[22] - The company's retained earnings increased to CNY 226,466,403.63 from CNY 207,199,652.95, a growth of about 9.1%[23] - The total equity attributable to shareholders rose to CNY 697,300,205.57 from CNY 678,033,454.89, reflecting an increase of approximately 2.8%[23] Shareholder Information - The total number of shareholders reached 11,310 at the end of the reporting period[11] - The largest shareholder, Baida Holdings Group, holds 37.72% of the shares[11] Operational Highlights - Cash and cash equivalents increased by 21.09% to ¥87,709,345.71, primarily due to increased collection of receivables[13] - Total operating revenue rose by 17.23% to ¥193,154,259.86, driven by growth in the downstream compression component market and the release of automotive parts capacity[15] - Operating costs increased by 20.64% to ¥173,372,351.76, mainly due to the corresponding rise in costs from increased revenue[15] - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company’s prepayments surged by 64.08% to ¥15,290,818.61, primarily due to advance payments for production equipment[13] - The company’s long-term deferred expenses decreased by 11.11% to ¥2,156,761.98, mainly due to reduced amortization of rental property renovation costs[13] - Accounts receivable decreased slightly to CNY 203,980,918.53 from CNY 212,877,435.37, a decline of approximately 4.2%[21] - Inventory increased to CNY 164,399,268.74 from CNY 154,250,014.27, reflecting a growth of about 6.5%[21]